skip to main content

H.R. 4248 (101st): Affordable Housing and First Home Buyer Assistance Act of 1990

Call or Write Congress

To assist first-time homebuyers to purchase homes through first home ownership accounts, elimination of the capital gains tax on the sale of a principal residence, extension of mortgage bonds, modified FHA authority, and downpayment and shared equity plans.

The bill’s titles are written by its sponsor.

Sponsor and status

Mar 13, 1990
101st Congress (1989–1990)
Died in a previous Congress

This bill was introduced on March 13, 1990, in a previous session of Congress, but it did not receive a vote.


Charles Douglas III

Representative for New Hampshire's 2nd congressional district




Mar 13, 1990

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

H.R. 4248 (101st) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 4248. This is the one from the 101st Congress.

This bill was introduced in the 101st Congress, which met from Jan 3, 1989 to Oct 28, 1990. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4248 — 101st Congress: Affordable Housing and First Home Buyer Assistance Act of 1990.” 1990. October 31, 2020 <>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.